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LG shares rally on hopes for AI, robot cooperation with Nvidia, media says

LG shares rally on hopes for AI, robot cooperation with Nvidia, media says SEOUL, June 1 : Shares in South Korea's LG Electronics and some affiliates rose sharply in Monday morning trade, on investor hopes for expanded cooperation in physical AI and robotics with Nvidia, according to media reports. Shares in LG Electronics rose 28 per cent, while LG CNS and holding company LG Corp rose 25 per cent and 21 per cent, respectively, in morning trade. "The stock prices of LG Group companies have...

Channel News Asia 9d ago

India IT Stocks Soar as Nvidia CEO Huang Calms AI Disruption Fears

Jensen Huang, chief executive officer of Nvidia Corp., speaks during Computex 2026 in Taipei, Taiwan, on Tuesday, June 2, 2026. Computex is Asia’s biggest electronics show, one that’s transformed in recent years from a PC exhibition into an all-AI affair. Photographer: Lam Yik Fei/Bloomberg

Bloomberg Markets 7d ago

Nvidia partners with LG robotics to build humanoid robots in South Korea

NVIDIA and LG Group are building an AI factory to accelerate LG Group’s next wave of AI-driven businesses, spanning robotics, autonomous driving, data center technologies and GPU cloud services. The AI factory will provide LG Group with accelerated computing infrastructure to train, simulate, validate and deploy AI-based applications across its key businesses. The collaboration brings together NVIDIA’s full-stack, end-to-end AI factory platform with LG Group’s global leadership in consumer...

Hacker News 2d ago

AI Is Eating the Financial Market

The Nvidia RTX PRO 4500 Blackwell Server Edition GPU displayed on the exhibition floor at the Nvidia GTC conference in San Jose, California, US, on Tuesday, March 17, 2026. Nvidia Corp. Chief Executive Officer Jensen Huang said the company is firing up manufacturing of H200 AI accelerators for customers in China, a sign of progress in the chipmaker’s effort to reenter the vital market. Photographer: David Paul Morris/Bloomberg The Nvidia RTX PRO 4500 Blackwell Server Edition GPU displayed on the exhibition floor at the Nvidia GTC conference in San Jose, California, US, on Tuesday, March 17, 2026. Nvidia Corp. Chief Executive Officer Jensen Huang said the company is firing up manufacturing of H200 AI accelerators for customers in China, a sign of progress in the chipmaker’s effort to reenter the vital market. Photographer: David Paul Morris/Bloomberg The Nvidia RTX PRO 4500 Blackwell Server Edition GPU displayed on the exhibition floor at the Nvidia GTC conference in San Jose, California, US, on Tuesday, March 17, 2026. Nvidia Corp. Chief Executive Officer Jensen Huang said the company is firing up manufacturing of H200 AI

Bloomberg Markets 12d ago

MediaTek Pledges Hiring Spree to Boost Push Into New AI Spheres

MediaTek is helping to power Nvidia Corp.’s new Spark chip.

Bloomberg Technology 8d ago

Nvidia Is Bigger, Stronger, and Trying to Slay the Laptop Dragon Again

Jensen Huang, chief executive officer of Nvidia Corp., presents the RTX Spark Superchip at the Nvidia GTC event on the sidelines of Computex 2026 in Taipei, Taiwan, on Monday, June 1, 2026. Nvidia is entering the PC market with a new chip aimed at loosening the stranglehold of Intel Corp. technology in that arena and modernizing the machines for the AI era. Photographer: Lam Yik Fei/Bloomberg

Bloomberg Technology 8d ago

Robots May Help Defuse US-China Tensions

Jensen Huang, chief executive officer of Nvidia Corp., center, and Chung Euisun, executive chair of Hyundai Motor Group, center right, at the Hyundai Motor headquarters in Seoul, South Korea, on Monday, June 8, 2026. Nvidia and Hyundai Motor will deepen cooperation in physical AI, autonomous mobility and robotics, according to Huang. Kim Hong-Ji/Reuters/Bloomberg

Bloomberg Technology 1d ago

Nvidia’s CEO Says New Vera Chip Will Use SK Hynix’s Memory Chips

Jensen Huang, chief executive officer of Nvidia Corp., right, poses for photographs with Chey Tae-won, chairman of SK Group, at the SK Hynix booth during Computex 2026 in Taipei, Taiwan, on Tuesday, June 2, 2026. Computex is Asia's biggest electronics show, one that's transformed in recent years from a PC exhibition into an all-AI affair.

Bloomberg Technology 3d ago

Here are the 4 big things we're watching in the stock market in the week ahead

Earnings season isn't over just yet. Plus, there are plenty of other important updates coming our way this week, from influential tech conferences to jobs data and spin-off milestones. Let's dive into it all.

CNBC 10d ago